Community Housing Partners (CHP) provides stable homes for more than 11,000 people in six states. But their impact reaches far beyond their nearly 7,000-unit multifamily
NeighborWorks Capital recently closed a $350,000 predevelopment loan to Connecticut Housing Partners for the development of Monroe Senior Housing, a 49-unit affordable senior building to
Many areas are experiencing housing shortages right now, but few are as challenged as northeast Vermont, known as the Northeast Kingdom. A search for short-term
Ulster County, New York, had the largest rise in home prices in the U.S. during the pandemic. It’s the latest development in a trend that
Gulf Coast Housing Partnership is on track to maintain the momentum that enabled them to develop 4,500 affordable homes and apartments in 15 years. Of
As 10,000 people a day turn 65 in the U.S., the need for affordable senior homes grows. To help St. Mary Development Corp. provide more
NeighborWorks Capital funded a $494,000 permanent loan with Mutual Housing Association of Greater Hartford Incorporated (MHA-GH) in December 2020. This loan will finance the acquisition of
NeighborWorks Capital funded a $1,700,000 predevelopment line of credit loan with St. Mary Development Corporation (St. Mary) in December 2020. This loan will be used for
To provide much-needed affordable housing to seniors in rural Ovid, NY, NeighborWorks Capital provided a $2.4 million acquisition loan and $424,000 unsecured predevelopment loan to
NeighborWorks Capital funded a $424,000 predevelopment loan with Ithaca Neighborhood Housing Services, Inc. (INHS) in March 2020. This predevelopment loan provided them with additional funds to
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